Argent Financials
| ART Stock | 2,742 17.00 0.62% |
Argent |
Understanding current and past Argent Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Argent's financial statements are interrelated, with each one affecting the others. For example, an increase in Argent's assets may result in an increase in income on the income statement.
Please note, the presentation of Argent's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Argent's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Argent's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000019188 |
| Business Address | Ridge 63, La |
| Sector | Basic Materials |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.argent.co.za |
| Phone | 27 31 791 0061 |
You should never invest in Argent without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Argent Stock, because this is throwing your money away. Analyzing the key information contained in Argent's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Argent Key Financial Ratios
There are many critical financial ratios that Argent's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Argent reports annually and quarterly.| Return On Equity | 0.17 | |||
| Return On Asset | 0.0971 | |||
| Beta | 0.54 | |||
| Z Score | 6.4 | |||
| Last Dividend Paid | 0.87 |
Argent Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Argent's current stock value. Our valuation model uses many indicators to compare Argent value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Argent competition to find correlations between indicators driving Argent's intrinsic value. More Info.Argent is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.59 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Argent is roughly 1.71 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Argent's earnings, one of the primary drivers of an investment's value.Argent Systematic Risk
Argent's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Argent volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Argent correlated with the market. If Beta is less than 0 Argent generally moves in the opposite direction as compared to the market. If Argent Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Argent is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Argent is generally in the same direction as the market. If Beta > 1 Argent moves generally in the same direction as, but more than the movement of the benchmark.
Argent December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Argent help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Argent. We use our internally-developed statistical techniques to arrive at the intrinsic value of Argent based on widely used predictive technical indicators. In general, we focus on analyzing Argent Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Argent's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.45 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 8.64 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.83 |
Complementary Tools for Argent Stock analysis
When running Argent's price analysis, check to measure Argent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argent is operating at the current time. Most of Argent's value examination focuses on studying past and present price action to predict the probability of Argent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argent's price. Additionally, you may evaluate how the addition of Argent to your portfolios can decrease your overall portfolio volatility.
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